23
Jul
02:12
Tunnel failure to hit Bathurst Resources' exports
Coal miner Bathurst Resources says a tunnel failure which occurred between the BT Mining joint venture Stockton mine and Lyttleton Port in New Zealand will result in an expected reduction in export volumes, Kallanish notes.
The firm notes that on 15 June, rail operator KiwiRail was undertaking track maintenance in Tunnel 1 (Tawhai Tunnel) on the Stillwater to Ngakawau rail line. Debris was noticed on the tunnel floor and work was halted and the tunnel immediately …
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Very good overview of the weekly steel market.
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